BOCA HOOPS INC

EIN: 650135417 501(c)(3) Recreation & Sports

BOCA RATON, FL

Total Revenue
$496,102
Total Expenses
$516,427
Total Assets
$117,043
Net Assets
$117,043
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Phone
5619882020
Tax Period
2024-01-01 to 2024-12-31

BOCA HOOPS INC, founded in 1988, is a small nonprofit in the Recreation & Sports sector that reported $496K in total revenue in fiscal year 2024.

Mission

YOUTH BASKETBALL LEAGUE

Program Service Accomplishments

Program 1
Expenses: $264,054 Revenue: $247,226

OPERATION OF YOUTH BASKETBALL LEAGUE WITH 1,000 BOYS AND GIRLS, PARTICIPATING AGES 7 TO 15 ALLOCATED TO 100 TEAMS WITHIN 8 DIVISIONS. AFFIRMATIVE OUTREACH TO MINORITY COMMUNITIES RESULTED IN...

Read more

OPERATION OF YOUTH BASKETBALL LEAGUE WITH 1,000 BOYS AND GIRLS, PARTICIPATING AGES 7 TO 15 ALLOCATED TO 100 TEAMS WITHIN 8 DIVISIONS. AFFIRMATIVE OUTREACH TO MINORITY COMMUNITIES RESULTED IN APPROXIMATELY 50 LOW INCOME MINORITY PLAYERS RECEIVING PARTIAL SCHOLARSHIPS.

Program 2
Expenses: $199,518 Revenue: $217,870

OPERATION OF SUMMER CAMP RESULTED IN 150 BOYS AND GIRLS ON AVERAGE EACH WEEK, AGES 6 TO 15, PARTICIPATING AT TWO DIFFERENT LOCATIONS. APPROXIMATELY 25 SCHOLARSHIPS (FEES WAIVED) WERE PROVIDED.

Program 3
Expenses: $52,855 Revenue: $47,340

HIGH-5 DIVISION PROVIDES OPPORTUNITY FOR THE HANDICAPPED AND SPECIAL NEEDS CHILDREN RESULTING IN 80 TO 100 PARTICIPANTS RANGING IN AGES 8 TO 25. TRAVEL TEAM PROVIDES AN OPPORTUNITY FOR APPROXIMATLEY...

Read more

HIGH-5 DIVISION PROVIDES OPPORTUNITY FOR THE HANDICAPPED AND SPECIAL NEEDS CHILDREN RESULTING IN 80 TO 100 PARTICIPANTS RANGING IN AGES 8 TO 25. TRAVEL TEAM PROVIDES AN OPPORTUNITY FOR APPROXIMATLEY 100 PLAYERS, AGES 9 TO 15, TO PARTICIPATE BEYOND THE NORMAL SEASON.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $496,102
Investment Income $0
Other Revenue $0
TOTAL REVENUE $496,102

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $516,427
Other Expenses $516,427
TOTAL EXPENSES $516,427

Year-over-Year Comparison

2024 2023 Change
Revenue $496,102 $498,283 0.0%
Expenses $516,427 $496,796 +0.0%
Net Income $-20,325 $1,487 -14.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$15,000
Total Directors
7
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH Z FORSTOT PRESIDENT 10.00
Officer Director
$0 $0 $0
MICHAEL DOYLE VP 15.00
Officer Director
$15,000 $0 $15,000
GARY COHEN SECRETARY 3.00
Director
$0 $0 $0
JOSHUA GANNON DIRECTOR 5.00
Director
$0 $0 $0
JOSHUA GANNON DIRECTOR 5.00
Director
$0 $0 $0
JOSEPH SABIA DIRECTOR 1.00
Director
$0 $0 $0
JASON FORSTOT DIRECTOR 3.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $496,102 $516,427 $117,043 $-20,325
2023 $498,283 $496,796 $137,368 $1,487
2022 $496,629 $418,610 $135,881 $78,019
2021 $304,347 $262,029 $57,862 $42,318
2020 $7,817 $49,053 $15,544 $-41,236
2019 $447,376 $433,970 $56,780 $13,406
2018 $480,649 $466,119 $43,374 $14,530
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BOCA HOOPS INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.